Author
Simon Chandler
Share
The Shiba Inu price has rebounded by 3% in the past 24 hours, moving back up to $0.000008444 as buyers take advantage of discounted prices today.
Despite this gain, SHIB remains down by 1% in a week, 14% in a month, and by 71% in the past year, not to mention by 90% since its 2021 all-time high of $0.00008616.
These declines come as the Shiba Inu community warns of scammers impersonating developers and admins, and sending fake bug warnings in order to steal tokens.
However, such scams have long been a part of the crypto ecosystem, and they shouldn’t have an impact on the Shiba Inu price prediction, which now looks very positive after a period of overselling.
Posting on X, the Susbarium account – which watches out for scams and security threats – warned that it has detected scammers operating on Discord and Telegram, where they would send direct messages to potential victims.
The aim would be to coax targets into clicking on malicious links, where they would potentially enter wallet info, which the criminals would then use to steal crypto.
The same Susbarium account also warned in November of similar scammers operating on X, again impersonating admins and tech leads in order to trick people into thinking that they needed to take action to rectify wallet bugs.
While this may point to an alarming trend, scams are sadly a regular feature of the crypto landscape, and data from Chainalysis suggests that scams are growing across the board, affecting not only Shiba Inu.
And if we look at the Shiba Inu price chart today, we see that it could be at the beginning of a big corrective upswing.
For instance, its MACD (orange, blue) has been in negative territory since late September, but is now rising towards 0 and should turn positive very soon.
This could spark a breakout, something which the descending pennant above also suggests.
Because the Shiba Inu price has been trading within an increasingly narrow range, it’s nearing a point where it may have to make a big move, presumably upwards.
The market’s general mood has improved this week, if only because the Federal Reserve cut rates on Wednesday and also signalled that 2026 will bring at least one other cut.
Assuming a gradual increase in sentiment, the Shiba Inu price could return to $0.000010 by the end of the year, before reaching $0.000030 by Q2 2026.
Layer-Two Network Bitcoin Hyper Raises $29.3 Million in Presale: Could It 100x in 2026?
If some traders are unconvinced that the Shiba Inu price will ever get near its record high again, they may want to find alternatives.
There’s currently no shortage of new tokens and projects appearing on the market, but one of the most promising is Bitcoin Hyper ($HYPER), a new layer-two network for Bitcoin.
It’s currently holding its presale, which has now raised a total of $29.3 million from eager investors, who are betting that Bitcoin Hyper will be one of next year’s biggest new coins and platforms.
What sets Bitcoin Hyper apart from 99% of other new tokens and presale coins is that its fundamentals are hugely promising.
By developing and launching an L2 for Bitcoin, it could attract massive adoption and usage, especially from Bitcoin holders looking to put their BTC to work in a DeFi context.
Bitcoin Hyper aims to grow a thriving ecosystem of DeFi apps and protocols, which investors will be able to use to lend, borrow, and trade with bridged Bitcoin.
On a technical level, it will make use of Solana’s Virtual Machine and zero-knowledge proofs, providing a level of scalability, security, and privacy that few L2s can match.
Given that Bitcoin does not yet have a fully fledged L2, it could witness significant uptake, which could lead to strong demand for the native token HYPER.
And investors can buy HYPER early by going to the coin’s official website, where it’s available at $0.013415.
This price will rise in just under two days, while the success of its sale would indicate that it will rise much higher once it lists.
Visit the Official Bitcoin Hyper Website Here
Credit: Source link
